The transaction is expected to be completed by the end of the 2015 calendar year
Singapore: Thermo Fisher Scientific, a leading player in the lifescience industry announced the acquisition of Alfa Aesar, a leading research chemical business. The transaction is expected to be completed by the end of the 2015 calendar year, subject to satisfaction of typical pre-closing conditions.
Alfa Aesar brand, Johnson Matthey's research chemicals business, a supplier of over 45,000speciality chemicals into both industry and academic institutions in small scale research quantities via its catalogue.
The brand has a global network of operations with eight core sites supported by five stand-alone sales offices. "The divestment of the research chemicals business is a further step in delivering our long term strategy to focus the group on growth areas where we can apply our expertise in complex chemistry to create long term value for our shareholders," said Mr Robert MacLeod, chief executive of Johnson Matthey.
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